MediciNova
MNOV
40 hedge funds and large institutions have $54.4M invested in MediciNova in 2016 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 10 increasing their positions, 5 reducing their positions, and 3 closing their positions.
600% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 3
134% more capital invested
Capital invested by funds: $23.2M → $54.4M (+$31.1M)
100% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 5
82% more funds holding
Funds holding: 22 → 40 (+18)
1.15% more ownership
Funds ownership: 21.8% → 22.95% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.29M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.16M |
| 3 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
+$684K |
| 4 |
DCM
DAFNA Capital Management
Los Angeles,
California
|
+$619K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$521K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Sabby Management
Miami Beach,
Florida
|
-$1.69M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.44M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$77.1K |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$52K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$49.8K |
MNOV Hedge Fund Activity: Q1 2016 in Review
40 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in MediciNova (MNOV) for Q1 2016, worth a combined $54.4M — up 134% from $23.2M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new MNOV positions and 3 closed out — a net gain of 18 holders — while 10 added to existing stakes and 5 trimmed.
The largest buyer was Vanguard Group, adding an estimated $2.29M. The largest seller was Sabby Management, exiting entirely with an estimated $1.69M sold.
- 40 institutional investors held MediciNova (MNOV) as of Q1 2016, up from 22 in Q4 2015.
- Funds reported $54.4M of MediciNova stock for Q1 2016, up 134% quarter-over-quarter.
- 21 funds opened new MediciNova positions in Q1 2016 and 3 closed out, a net change of +18 holders.
- The largest MediciNova buyer in Q1 2016 was Vanguard Group, an estimated $2.29M added.
- The largest MediciNova seller in Q1 2016 was Sabby Management, an estimated $1.69M sold.
Based on aggregated 13F filings for Q1 2016.